The real estate sector in India witnessed major reforms this year. Acts like RERA and GST brought in a more regularised and transparent system, both for the builders and consumers. With a systematic approach in the construction market, the prospects for business are higher. In a market like Pune, where growth and development are on the rise, real estate investment in Pune can be very profitable.
Pune has witnessed a spurt in real estate demand over the last few years, with buyers and investor showing kind interest. This is probably because he city has properties that offer value for money unlike Mumbai where space is at a premium and prices are sky-rocketing. In Pune, plush properties in high-end localities too can fit within your budget, making your investment an excellent one. So, if you are planning to invest in property this year, take a look at why it’s worth shifting your sights to Pune.
Here’s why Pune is a favourable location for the buyers:
Employment Opportunities :
Pune city is now matured into an IT and manufacturing hub with countless employment opportunities. Areas like Hinjewadi, Magarpatta, Aundh and Kharadi are the major spots of IT centres in Pune. With more number of workforce emerging, the demand for real estate investments is surging in these areas.
Pune, also known as the Oxford of the East is home to nationally and internationally accredited educational institutions. Students from across the globe come to Pune for their education, which resulted in the rise in the number of township projects and residential areas.
Locations such as Aundh, Baner, Kharadi, Viman Nagar and Wakad have witnessed a significant improvement in their infrastructure, owing to their proximity to the IT hubs. Also, the Smart Cities Mission ensures even better infrastructure in the near future
Steady Return on Investment (ROI):
The emergence of the IT sector & improved social infrastructure has contributed significantly to Pune’s steady appreciation over the years.
Proximity to Weekend Destinations:
Pune enjoys proximity to weekend destinations such as Khandala, Lonavala, Alibaug, Kashid and more, giving you ample choices to spend your holidays. Blessed with a good weather itself, Pune is also a retirement home for many people looking for a peaceful life.
TOP 10 PRE -LAUNCHING RESIDENTIAL PROJECT IN PUNE
- Mahindra Happinest Tathwade,pune
- VTP Sierra Baner,Pune
- Shapporji Pallonji vanaha Bavdhan,Pune
- Supreme estia Baner,Pune
- ANP atlantis Baner,Pune
- Bellacassa Baner,Pune
- Runwal central park Chinchwad,Pune
- Lodha Belmondo Gahunje,Pune
- Godrej Green Vista Mahalunge,Pune
- Sensorium Hinjewadi,Pune
TOP 5 NA PLOTTING PROJECT IN PUNE
- Kekarav Bavdhan,Pune
- Vaarivana Urse,Pune
- K raheja viva Pirangut,Pune
- Life republic plots Marunji,Pune
- Ecoville iris Urawade ,Pune
TOP PROPERY SEARCHING LINKS
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Mr.Siddhu Adhav.Property Consultant Since 2010